FSV Payment Systems is Named to the Top 10 of the 50 Fastest Growing Technology Companies in HoustonHOUSTON--Nov. 16, 2004--FSV announced today that at a recent luncheon presented by the Houston Business Journal, the company was named as one of the Top 10 of the 50 fastest growing technology companies in Houston. FSV Payment Systems (FSV) ranked ninth.

Called "Houston's Tech Party of the Year," over 600 men and women in the technology community gathered to cheer on this year's Fast Tech 50, where the rankings were announced for the first time in public. Applications were submitted by over 290 other Houston companies. Companies are ranked based on the percentage of growth of revenue over the past two years. FSV placed ninth with 99% growth.

"This is a tremendous honor for FSV," said Eric Miller, CEO of FSV Payment Systems. "It confirms that the hard work and dedication we convey in business dealings and with our customers has paid off."

Miller believes that what has gotten FSV this far will allow FSV to continue to receive recognition like this in the coming years. "Being honored as a top performer in the technology industry strengthens our conviction to leading the way and providing unique solutions in the ePayment and stored-value industry."

Honorees and their organizations were profiled in the Fast Tech 50 special section available exclusively in the Houston Business Journal's Nov. 5 issue. This section includes success stories of some of the most recognized technology companies in Houston's business community.

ABOUT FSV PAYMENT SYSTEMS

FSV Payment Systems offers a robust suite of unique, host-based stored-value and payroll debit card solutions direct to large employers and to financial institutions through an exclusive agreement with Fiserv Inc. (Nasdaq:FISV). The FSV processing platform is both proprietary and configurable, allowing for the delivery of both standard and non-standard programs based on consumer requirements. For more about FSV, go to www.fsvpaymentsystems.com, www.paychekplus.com, or www.payrolldebitcards.com.

ABOUT FAST TECH 50

Fast Tech 50 represents and promotes the city of Houston's entrepreneurial sprit, technology infrastructure and the positive aspects of the Houston economic climate. The awards event was hosted by the Houston Business Journal and presented by PKF of Texas. It was co-sponsored by Administaff, Frost Bank, Jackson Walker, Pierpont Communications, Rice Alliance, the Houston Technology Center, and Wilde Blue Pictures.